Telenor's annual reporting 2006 Annual review 2006



Income Statement

Telenor ASA 1 January – 31 December
NOK in millions, except per share amounts Note 2006 2005 2004
Revenues 1 540 681 683
Operating expenses
Cost og materials   (17) (16) (14)
Salaries and personnel costs 2, 3 (637) (603) (627)
Other operating expenses 4 (870) (758) (685)
Depreciation, amortization and write-downs 8, 9 (96) (50) (60)
Total operating expenses   (1 620) (1 427) (1 386)
Operating (loss)   (1 080) (746) (703)
Financial income   7 062 5 711 5 707
Financial expenses   (2 345) (1 509) (1 519)
Net currency gain (loss)   (179) 158 (70)
Net gain (loss and write-down) of financial assets   218 (672) 2 171
Net financial items 6 4 756 3 688 6 289
Profit before taxes   3 676 2 942 5 586
Taxes 7 (880) (754) (917)
Net income   2 796 2 188 4 669
Proposed dividends   4 201 3 387 2 603